INDORE: A team of the Central GST Commissionerate on Wednesday arrested prime accused in one of the biggest tax evasion scams in Madhya Pradesh for allegedly defrauding Rs 150 crore by illegally availing income tax credit by means of fake invoices.
The accused Raju Kharriya alias Raju Thakkar was arrested in Ahmedabad at 4 pm and was brought to Indore late in the evening by air route. This is the third arrest by the department since beginning of investigation in what can be termed as the biggest racket of bogus and non-existent firms involved in fake transactions of Rs 1000-Rs 1200 crore involving tax evasion of Rs 150 crore to Rs 200 crore in coordination with hundreds of dealers spread across various states. The investigation had started in December.
Over 30 dealers and some chartered accountants from Indore are under radar for their involvement in the scam, as per the department. When Kharriya’s location was traced in Ahmedabad, a team of five officials from CGST Indore stationed themselves at a hotel there keeping an eye on his movements. Subsequently, he was arrested on Wednesday.
An official wishing anonymity said, “Kharriya is mastermind of the racket. We were after him for past two months, but were not able to nab him as he was continuously changing locations. Finally, in Ahmedabad, we were able to arrest him.”
The name of the prime accused Kharriya popped up during interrogation of other two accused, Jagdish Kanani and Mehul Kharriya, who were released on bail after 90 days of imprisonment.
The official said, “We will seek remand of Raju Kharriya from court to interrogate him to know how big is the racket and where all it is spread.”
According to a source from the department, the estimated tax fraud is Rs 150 crore, which is unlikely to the recovered.
Source- Times of India.